Funding you earn now, next payment 08:00 UTC−0.0830%/8h= −90.9% APRpaid last 24h −0.077%
Price spread now: HTX against Bitget−0.093%46s7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1661.663% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.093%, 7d avg −0.021%
=Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and HTX is 0.073% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.021%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.026% in total (about 1.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KR200USDT | 1,112.3 | 0.0830 | pay 0.0415% / 4h | 7m 31s | $240K | $466K | 20x |
| Short | HTX KR200-USDT | 1,111.3 | 0 | get 0.0000% / 1h | 7m 31s | $2K | $327K | 20x |
Bitget KR200USDT
HTX KR200-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$174.3
- Price spread: −0.093% → −0.021%
- −$7.26
- Slippage, 4 orders
- −$142.34
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$347.9
- Costs to cover
- 1.663%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 27 min ago; HTX: live order book, 30 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 27 min ago | 7.50 bp | 15.8 bp −$16 | 20.1 bp −$201 | doesn't fit | doesn't fit |
| Sell HTX live order book, 30 min ago | 24.27 bp | 56.2 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
KR200 on 5 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:KR200 | −0.0147% | 1h | 1,112 | −0.031% | $842K | $598K | 20x | as long as short |
| Extended KR200-USD | −0.0136% | 1h | 1,112.2 | −0.014% | $4K | $5K | 20x | as long as short |
| HTX KR200-USDTshort | 0.0000% | 1h | 1,111.3 | −0.093% | $2K | $327K | 20x | |
| OKX KR200-USDT-SWAP | +0.0655% | 8h | 1,110.8 | −0.138% | $69K | $44K | 10x | as long as short |
| Bitget KR200USDTlong | +0.0830% | 4h | 1,112.3 | long leg | $240K | $466K | 20x |
tradeXYZ xyz:KR200
Extended KR200-USD
OKX KR200-USDT-SWAP